No, it doesn't all automatically get carried forward. What happens is that in the world of unspent funds, there are different things that you may ask for. First of all, every department, under what they call their "operation vote", is allowed to carry forward up to 5%. On what we call their "capital vote", they're allowed to carry forward up to 20%. Then, for very specific.... Say, you're leading a major project and your spend shifts. You may ask our colleagues here at the Department of Finance for authorities—what we call a "reprofile"—to move that money for a very specific purpose from one year to the other. Again, that needs specific approvals to do that. There's no automatic “you haven't spent it; therefore you'll be able to put it on top of your budget the following year”....
On November 23rd, 2023. See this statement in context.